Acquirer(s)
- Brookfield consortium
Target(s)
- Asciano Limited
Statement of issues
| Document title | Date | |
|---|---|---|
| Statement of Issues | ||
| Statement of Issues |
Undertakings
| Document title | Date | |
|---|---|---|
| Draft WA Undertaking | ||
| Draft DBCT Undertaking |
Timeline
| Date | Event |
|---|---|
ACCC commenced review under the Merger Process Guidelines. |
|
Closing date for submissions from interested parties. |
|
ACCC published a Statement of Issues outlining preliminary competition concerns. |
|
Closing date for submissions relating to Statement of Issues. |
|
Former proposed decision date of 17 December 2015 delayed at the request of Brookfield. |
|
ACCC commenced market inquiries on proposed s87B undertakings. |
|
Closing date for submissions relating to the proposed s87B undertakings. |
|
Former proposed decision date of 18 February 2016 delayed to allow for provision of further information from Brookfield and consideration of revised s87B undertakings. |
|
Asciano announced a potential acquisition by a consortium including both Brookfield and Qube Holdings Limited. ACCC timeline suspended. |
|
Following an announcement by Asciano that it had entered into a new binding agreement with Brookfield, Qube and others, the ACCC discontinued this review. The ACCC commenced a review of the new joint proposal to acquire Asciano on 30 March 2016. |